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Now holding the title of the most billionaire man in the world, replacing Elon Musk, Bernard Arnault is CEO of the French luxury brand LVMH, maker of items such as Louis Vuitton and Hennessy cognac
Last Monday, Elon Musk lost, for the fourth time in less than a week, the position of the richest man in the world to the Frenchman Bernard Arnault, CEO of French luxury brand LVMH, which makes Louis Vuitton luxury goods and Hennessy cognac. According to the Forbes Realtime Billionaires List, Musk's fortune is estimated at $181,6 billion, less than Arnault's $186,2 billion.
On the 7th (Wednesday), Elon Musk had already lost (twice!) the top spot on the list of billionaires for ricasso Arnault, but he regained the position on the same day. On the 8th (Thursday), Ekon Musk was sharply overtaken and only returned to the top on Friday, the 9th.
The great rise of the fortune of the billionaire Arnault and his conquest of the position in the list of billionaires in place of Musk is due to the fact that the shares of LVMH are practically stable in 2022. Already the extensive capital Musk suffered from a “dramatic collapse” in Tesla stock prices, which are down 56% this year, considering Musk's wealth peaked in November 2021, when he was worth $320 billion, Elon still holds a big title.
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KNOW THE LIFE OF BILLIONAIRE ELON MUSK
Elon Musk Net Worth
The still billionaire Elon Musk has currently spent approximately $4 billion in Tesla stock to fund its $44 billion purchase of Twitter, which involves problems such as layoffs and nervous advertisers, wary of the direction of the platform. Previously, ricasso had already given up US$ 15,4 billion in Tesla shares in early 2022, when the Twitter purchase agreement was announced.
Still with uncertain losses and movements, billionaire Elon Musk is well ahead of the third billionaire in the world, the Indian Gautam Adani, who has an estimated fortune of US$ 134,1 billion, and the founder of Amazon, Jeff Bezos, whose fortune is estimated at US$ 112,7 billion.
